These instruments allow pension plans to reduce risk and manage portfolios more efficiently. However, Towers Watson notes in a Perspectives paper, the financial crisis and subsequent changes in ...
The current COVID-19 pandemic has already impacted many derivatives transactions. This note sets out a checklist of key legal issues market participants may need to consider in relation to OTC ...
Earlier this week, a Financial Stability Board (FSB) report on implementation of the reforms to OTC derivatives markets agreed by the G20 suggested that while FSB member jurisdictions have made ‘good ...
The aim of pending Congressional legislation is to increase transparency and reduce leverage, but the devil is in the definition. In 1998, when Brooksley Born was chairman of the Commodity Futures ...
Lynn Strongin Dodds looks at how APAC’s main financial service hubs are grappling with the challenges in complying with the revisions to the OTC derivatives reporting rules. The global financial ...
Various global regulators issued a report ahead of the upcoming G20 summit, outlining their commitments to cooperate as they implement reforms to the oversight of over-the-counter (OTC) derivatives ...
In the post-financial crisis environment, the nature of collateral and liquidity management has changed dramatically. Once a simple operational process, it is now a risk-based process in which ...
The use of a derivative agreement to mitigate risk can be traced back to around 1754BC, when the Code of Hammurabi was set in stone in Babylon. That was 3,723 years before Euromoney began publication ...
When Congress returns from its Easter recess next week, efforts to bring rules and oversight to unregulated parts of the derivatives markets will resume with fresh energy. Sen. Tom Harkin, D-Iowa, the ...
Over-the-counter (OTC) derivatives are derivatives executed and settled bilaterally with counterparties without the use of an organized exchange or central clearing house. OTC contracts are the ...